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10 Chervontsev I. V. Stalin

Issuer Arktikugol Trust, Spitsbergen (Norway)
Year 2013
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Thickness 3.4 mm
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Reverse script Cyrillic
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Edge Plain
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Additional information

Arktikugol — the Soviet-era coal-mining trust that has operated Barentsburg on Svalbard since the 1930s — issues these tokens as a kind of sovereign gesture, exploiting the 1920 Svalbard Treaty's provisions that grant Russian nationals the right to conduct commercial activity on Norwegian-administered territory. The trust runs its own internal scrip economy at Barentsburg, and these pieces circulate among the settlement's workers as functional currency within the compound.

Issuing a Stalin portrait piece in 2013 was a deliberate political statement, timed to the dictator's rehabilitation in certain Russian official circles under Putin-era nationalism.

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